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Saudi-Arabia export Statistics

Saudi Arabia Export Data

Situated in the western region of Asia, Saudi Arabia is situated on the Arabian Peninsula. Iraq, Jordan, Kuwait, Oman, Qatar, and the United Arab Emirates border Saudi Arabia. In terms of land area, Saudi Arabia is ranked fifth in Asia. Altogether, Saudi Arabia occupies 13th place on the planet in terms of land area, with over 2,150,000 km2. According to Saudi Arabia’s export data, Saudi Arabia exported goods worth $320.97 billion in 2023, a decline of 22% from the previous year, as per Saudi Arabia trade statistics. Saudi Arabia, known as the home to some of the world's largest oil reserves, is also a thriving hub of international trade. As one of the leading exporters in the Middle East, Saudi Arabia plays a crucial role in the global market, as per Saudi Arabia shipment data. To gain a better understanding of its export performance and trends, top Saudi Arabia exports, and Saudi Arabia export partners, analyzing Saudi Arabia exports data for 2023 becomes paramount.

Saudi Arabia Export Data | Saudi Arabia Trade Data

25

The country has been ranked 25th in global exports, showing a significant position in the international trade and export landscape.

0.8%

With a mere 0.8% share in global export trade, it becomes evident that its presence inthe international export market is fairly on the rise.

CHINA

China holds a significant role as the largest export partner of the country in terms of goods exports in the global market.

MINERAL FUELS AND OILS

Mineral fuels and mineral oils are the major and biggest export commodities of the country, playing a vital role in its economy.

Please select a country or provide either a description or HS Code.
export

Top 10 Exports of Saudi Arabia: Saudi Arabia Exports by HS Code

Saudi Arabia is a country known for its vast wealth and powerful economy, driven primarily by its top exports. The top 10 exports of Saudi Arabia encompass a diverse range of industries and resources. At the forefront are mineral fuels and petroleum, which account for a significant portion of the country's total exports. The top 10 exports of Saudi Arabia in 2023, based on Saudi Arabia export data and Saudi Arabia trade data, are:

  • Mineral fuels and oils (HS code 27): 77.07% ($247.38 billion) 
  • Plastics and articles thereof (HS code 39): 5.44% ($17.45 billion) 
  • Organic chemicals (HS code 29): 3.71% ($11.90 billion) 
  • Ships, boats, and floating structures (HS code 89): 1.63% ($5.23 billion)
  • Fertilizers (HS code 31): 1.48% ($4.73 billion) 
  • Electrical machinery and equipment (HS code 85): 1.26% ($4.03 billion) 
  • Aluminum and articles thereof (HS code 76): 0.75% ($2.41 billion) 
  • Copper and articles thereof (HS code 74): 0.74% ($2.36 billion) 
  • Nuclear reactors and machinery (HS code 84): 0.72% ($2.30 billion) 
  • Precious stones and metals (HS code 71): 0.71% ($2.27 billion) 
    • Partners

    Top 10 Export Partners of Saudi Arabia: Saudi Arabia Exports by Country

    As for Saudi Arabia's export partners, the country maintains strong trade relationships with various nations around the world. The top 10 Saudi Arabia export partners contribute immensely to the country's economic growth and stability. Saudi Arabia’s top 10 export partners in 2023, as per Saudi Arabia shipment data and Saudi Arabia bill of lading data include:

    Value In Percentage(%)

  • China: 16.6% (53.30 billion US$) 
  • Japan: 10.1% (32.55 billion US$) 
  • India: 9.6% (30.70 billion US$) 
  • South Korea: 9% (28.73 billion US$) 
  • United Arab Emirates: 5.2% (16.76 billion US$) 
  • USA: 4.9% (15.59 billion US$) 
  • Bahrain: 2.7%(8.79 billion US$) 
  • Taiwan: 2.6%(8.31 billion US$) 
  • Malaysia: 2.4% (7.70 billion US$) 
  • Singapore: 2.4% (7.68 billion US$) 
    • Sample Data

    Overview of Saudi Arabia Export Data

    We obtain trustworthy data from organizations, shipping businesses, and customs ports. This Trade Data contains a wide range of fields, such as HS codes, product descriptions, prices, quantities, origin country, destination country, and port names together with currency values. For traders and marketers, this trade data is crucial information that helps them to make informed decisions. From the HS codes and product descriptions to the quantity and cost of each product, everything can be obtained through this trade data. We have included a sample of this trade data for your convenience and greater understanding so that you can see what the trade data looks like as a whole, with complete details.

    Saudi Arabia has established a diverse and robust export sector, encompassing a wide range of goods and services. When examining the export data of the country in 2023, based on the B/L database on Saudi Arabia’s exports, the country exported $320.97 billion in 2023. The Saudi Arabia export data includes a range of fields, including product descriptions, HS code descriptions, importer/exporter names, port names, and more. For dealers and marketers, this B/L data is crucial since it helps them make informed judgments. Saudi Arabia's trade statistics are the source of its export data. This data is a highly practical and helpful section of the report that may provide traders and marketers with all the information they need to make informed business decisions.

    Benefits

    Benefits of Saudi Arabia Export Data

  • Generate attainable leads for Saudi Arabia's export market.
  • Find out what products Saudi Arabia is now in demand for.
  • Monitor your competitors and surpass them.
  • Develop a marketing strategy driven by data.
  • Make a major effect on the export market in Saudi Arabia.
  • Define long-term goals and optimize profits.

    • Frequently Asked Questions!!

    The total value of Saudi Arabia's exports in 2023 was $320.97 billion.

    China was the largest export partner of Saudi Arabia in 2023.

    Mineral fuels, mineral oil, and bituminous substances contribute the most to Saudi Arabia's exports.

    The growth percentage of Saudi Arabia's exports in 2023 is a decline of 22% compared to the previous year.

    You can develop a marketing strategy driven by data, using Saudi Arabia's export data to make profitable decisions.

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